Economies and Size

  • David Reisman


The previous chapter was concerned with supply over time. The next chapter but one is about market structures. The present chapter contains elements of both; for the topic of economies and size refers to the manner in which the average cost of supplying one unit of output changes over time — and to the implications of those changes for the future of competitive markets.


Migration Furnace Petroleum Steam Transportation 


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© David Reisman 1986

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  • David Reisman

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